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i don't understand why republicans don't take obama's offer. just freeze taxes for everyone below $250,000. making a million, really? >> reporter: he doesn't get a vote. bob corker does. >> we know there has to be revenues and i think, look. i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more as long as they know we have solved the problem. >> reporter: still, even if republicans agree to raise taxes on wealthy americans, there is still a big divide over how to do that. democrats pledge to let bush era tax rates for families making $250,000 or more expire at the end of the year. go from 35% to 39.6%. to get nearly a trillion dollars in deficit reduction. >> if someone can show another plan that doesn't do that, we look at it, we could look at it but no one's shown one. i think it's impossible. >> reporter: republicans say what they're open to is closing tax loopholes and eliminating some reductions. so far, the president and house speaker have gone out of their way to sound conciliatory and sources
i don't understand why republicans don't take obama's offer. just freeze taxes for everyone below $250,000. making a million, really? >> reporter: he doesn't get a vote. bob corker does. >> we know there has to be revenues and i think, look. i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more as long as they know we have solved the problem. >> reporter: still, even if republicans agree to raise taxes on wealthy americans, there is...
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also, president obama gives republicans a preview what they're up against as they prepare an entire budget and negotiations begin thursday, friday, saturday, who knows? at optionsxpress we're all about options trading. we create easy to use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! strategies, chains, positions. we put 'em all on one screen! could we make placing a trade any easier? mmmm...could we? open an account today and get a free 13-month e ibd™ subscription when you call 1-888-280-0157 now. optionsxpress by charles schwab. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in
also, president obama gives republicans a preview what they're up against as they prepare an entire budget and negotiations begin thursday, friday, saturday, who knows? at optionsxpress we're all about options trading. we create easy to use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! strategies, chains, positions. we put 'em all on one screen! could we make placing a trade any...
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Nov 9, 2012
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the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear yesterday when the cbo put out a report showing that if the country goes over the fiscal cliff you're looking at economic calamity. you're looking at unemployment ticking up, perhaps two points. you're looking at a recession next year. so, also listen to the conciliatory language that we're hearing from the hill and that we may be hearing from president obama when he speaks here at the white house this afternoon. listen to what john boehner also said about being reasonable. >> we can talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. the election is over. now it's time to get to work. >> so talk, soledad, of working to the. but you might say speaker boehner has said tax rates for the wealthy can't go up. they're at 35% right now. they're scheduled to go up above 39% by the end of the year. then you sa
the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear yesterday when the cbo put out a report showing that if the country goes over the fiscal cliff you're looking at economic calamity. you're looking at unemployment ticking up, perhaps two points. you're looking at a recession next year. so, also listen to the conciliatory language that we're hearing from the hill and that we may be...
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Nov 15, 2012
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. >>> a defiant president obama making it clear he is ready to rumble with the republicans. the president drawing two big lines in the sand in his first news conference since winning re-election. first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and, according to economists, will have the least positive impact on our economy. >> the president also coming to the defense of susan rice, the u.s. ambassador to the united nations, who just a few days after the attack as you recall said violence on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. two top-ranking republicans are vowing to block rice's nomination if she is picked to be the next secretary of state. the president firing back with a rare flash of anger. >> senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian, live from washington this morning. it's really nice to see you, dan. >> good to see you. >> let's fi
. >>> a defiant president obama making it clear he is ready to rumble with the republicans. the president drawing two big lines in the sand in his first news conference since winning re-election. first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and, according to economists, will have the least positive impact on our economy. >> the president also coming to the defense of susan rice,...
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won with on tuesday night, except have them vote republican. >> where did the party go wrong? >> listen, i'm not going to get 47% of the electorate, so let me not focus on them. let me focus on the people that i can get to beat me. what happened was that 47% came out and beat him. we cannot give away 47%. we cannot give away whole congressional districts or whole states. we have to start competing throughout america, not just in red america. >> all right. i want to mention here. this is what crystal wright, a conservative black chick wrote this morning on the washington post here. she says mitt romney gave lip service to hispanic outreach, and she says here even more insulting was romney's refusal to work for the black vote beyond giving an naacp speech and announcing a black leadership council which amounted to nothing more than cosmetic wall paper. matt, weigh in here. this is, you know -- this is one of your own. >> i think there's a lot of blame to go around. i think that it's healthy for the republican party to make this a learning moment. i think it would be a mistake to
won with on tuesday night, except have them vote republican. >> where did the party go wrong? >> listen, i'm not going to get 47% of the electorate, so let me not focus on them. let me focus on the people that i can get to beat me. what happened was that 47% came out and beat him. we cannot give away 47%. we cannot give away whole congressional districts or whole states. we have to start competing throughout america, not just in red america. >> all right. i want to mention...
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and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with the new congress being sworn in. so, but how do you do that, how do you have one-step process? i think you've got to have the parameters of what you're going to do next year now. boehner does not want a huge deal in the lame duck. he says that the new congress should be in session when you're going to do this, the newly-elected people. so it's going to be very difficult. jenna: do you think that's best for us as well, bob, the voters that put these folks in office? is it best to get a temporary agreement and then have the new people
and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with...
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meanwhile, president obama held a news conference this afternoon where he responded to republican senators' opposition to u.n. ambassador susan rice and talked about the resignation of c.i.a. david depe trayus. s the president's first news conference since being elected to a second term. >> good afternoon, everybody. please have a seat. i hear you have some questions for me. but let me just make a few remarks at the top and then i'll open it up. first of all, i want to reiterate what i said on friday. right now, our economy is still recovering from a very deep and damaging crisis. so our top priority has to be jobs and growth. we've got to build on the progress that we've made. because this nation succeeds when we've got a growing, thriving middle class. and that's the idea at the core of the plan that i talked about on the campaign trail over the last year resm warding manufacturers and small businesses that create jobs here, not overseas, providing more americans the chance to earn skills that brisse looking for right now. keeping this country at the forefront of research, technology, an
meanwhile, president obama held a news conference this afternoon where he responded to republican senators' opposition to u.n. ambassador susan rice and talked about the resignation of c.i.a. david depe trayus. s the president's first news conference since being elected to a second term. >> good afternoon, everybody. please have a seat. i hear you have some questions for me. but let me just make a few remarks at the top and then i'll open it up. first of all, i want to reiterate what i...
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to have any kind of deal with the republicans, obama has to compromise to some degree. >> that's why i want to rise above this and just skip talking about it, but he'll come out today at 1:00 and we'll hear folks at the top will have to pay more. we're going to hear that again. plouffe is quote thed as saying that. can we just cut the bs? they're not going to do it. >> that you will krugman this morning, how far should the president go? my answer is not far at all. obama should hang tough declaring himself willing to hold ground even at the cost of letting his opponents and foot down on a still shaky economy and this is definitely no time to negotiate a grand bargain on the budget that snatches defeat from the jaws of victory p. >> that's what we head from podesta yesterday, too. hit up drudge. there's a picture of mitch that says up to the left, no -- they're not going to do it. >> boehner was more conciliatory than anybody i've heard. he was okay with the idea of coming up with higher revenue by closing loopholes. at least that's a bridge to a compromise. everybody else who has tal
to have any kind of deal with the republicans, obama has to compromise to some degree. >> that's why i want to rise above this and just skip talking about it, but he'll come out today at 1:00 and we'll hear folks at the top will have to pay more. we're going to hear that again. plouffe is quote thed as saying that. can we just cut the bs? they're not going to do it. >> that you will krugman this morning, how far should the president go? my answer is not far at all. obama should hang...
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now that they've lost to president obama to -- >> i get that e-mail. >> i'm sure you do. >> if me rising above means coming to the realization that coming to the base and raising revenue by lowering rates but getting rid of loopholes and deductions is the way to go. otherwise i have other buttons i can wear. i told you, i have a button that says i love hot dogs. i don't think i should -- i do love hot dogs. >> i think suspenders tomorrow and the flare. >> where is your button? >> i don't have it on me. >> why do yyou say button? >> i don't know. do you know the book -- >> because he has 2-year-olds. when you have 2-year-olds, that's how you talk. >> keep your 2-year-olds away from elmo. that's all i'm going to say. >> do you know the story corduroy? >> it's a teddy bear. >> yes. and he's missing a button. >> correct. >> and that's how max and henry would say it. >> when 2-year-olds -- >> we haven't even talked about he would know today. that is -- that is a business story talking about sesame workshop and the eventually indication. >> should have closed down long ago. >> i hope who this
now that they've lost to president obama to -- >> i get that e-mail. >> i'm sure you do. >> if me rising above means coming to the realization that coming to the base and raising revenue by lowering rates but getting rid of loopholes and deductions is the way to go. otherwise i have other buttons i can wear. i told you, i have a button that says i love hot dogs. i don't think i should -- i do love hot dogs. >> i think suspenders tomorrow and the flare. >> where is...
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if the republicans want to fight. the president clearly stating two key demands during his first news conference, ever since winning re-election. the first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford, and according to economists, will have the least positive impact on our economy. >> the president also making clear that he has susan rice's back. that's his ambassador, the embattled u.s. ambassador to the united nations. initially she said that that september 11th attack on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. well, now two top-ranking republicans are vowing to block her nomination if, in fact, she is picked to be the next secretary of state. that had the president very anger. here's what he said. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian is in washington, d.c., this morning. let
if the republicans want to fight. the president clearly stating two key demands during his first news conference, ever since winning re-election. the first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford, and according to economists, will have the least positive impact on our economy. >> the president also making clear that he has susan rice's back. that's his ambassador, the embattled u.s....
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>> boy, he really endorsed president obama, right? >> i think there are a lot of conservative republicans who feel that way and are very angry about it. >> i thought he did, didn't he? >> he didn't officially endorse him, no. >> but he praised his leadership. >> he did better, yes. he did better. >> which is, your right. in some ways, people don't care about endorsements but when someone from the other party says you're doing great responding to this storm that is bigger than an endorsement. >> probably did a lot for his own re-election, governor christie. he did a pretty good job for new jersey during the storm but it was very unusual. >> but don't you think he's a smart politician, right? he knows that new jersey's probably going to go to the democrats, right? his constituency, as it is -- if he knows that -- he probably thought that obama was probably going to be re-elected. he was hedging his bets. >> i don't know that he knew that. i do think that there was a lot of money on the table to help his state and they were reeling and h
>> boy, he really endorsed president obama, right? >> i think there are a lot of conservative republicans who feel that way and are very angry about it. >> i thought he did, didn't he? >> he didn't officially endorse him, no. >> but he praised his leadership. >> he did better, yes. he did better. >> which is, your right. in some ways, people don't care about endorsements but when someone from the other party says you're doing great responding to this...
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. >> i don'tunderstand why republicans don't take obama's offer to freeze taxes for everyone below -- make it a million. really, republican party will fall on its sword to defend a bunch of millionaires, half of whom voted democratic and live in hollywood? >> what do you think? did the election make a difference here? did it take losing this election to get conservatives to maybe talk about this at least? >> well, everybody ought to be talking about everything. but let's get serious about taxing the rich. let's do better. let's confiscate everything that anybody who makes a million bucks a year confiscate everything they own, every swimming pool, every yacht, every overseas place, every airplane. that will run the country for nine months. who is kidding who? you can't cut spending your way out of the hole. you have to use a blend. anyone telling you differently is a fake. >> you've launched a new group, erskine -- with erskine bowles call the campaign to fix the debt. are you trying to revive in some sort of sense simpson/bowles? >> well, we're like lazarus, right? i don't have that k
. >> i don'tunderstand why republicans don't take obama's offer to freeze taxes for everyone below -- make it a million. really, republican party will fall on its sword to defend a bunch of millionaires, half of whom voted democratic and live in hollywood? >> what do you think? did the election make a difference here? did it take losing this election to get conservatives to maybe talk about this at least? >> well, everybody ought to be talking about everything. but let's get...
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republicans say she tried to pin this all on that terrible video that came out, that anti-muslim video, when she knew at the time it was something more. you've heard all the rumors flying around. what do you think? >> well, first of all, susan rice -- maybe she was misinformed. maybe she's getting unfairly blamed. maybe the cia sent a bad assessment to her. maybe the state department did. that's the kind of question they're going to ask david petraeus. but here is the problem with bengha benghazi. it was a huge cia base. and what were they doing down there? were they simply buying up arms off the local market, surface to air missiles? even some are arguing that this attack on september 11th had something to do with an arms deal that went bad and there are rumor that is possibly this cia unit or somebody down there was buy i buying arms to send to syria. i frankly discount them all. i see no evidence of it. somebody has to give us the answers. this is why this controversy is carried on so long because there's absolutely no clarity. we, as americans, want to know why four american diplom
republicans say she tried to pin this all on that terrible video that came out, that anti-muslim video, when she knew at the time it was something more. you've heard all the rumors flying around. what do you think? >> well, first of all, susan rice -- maybe she was misinformed. maybe she's getting unfairly blamed. maybe the cia sent a bad assessment to her. maybe the state department did. that's the kind of question they're going to ask david petraeus. but here is the problem with bengha...
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i have suggested that president obama set up that big table at camp david and invite leaders from both parties to discuss how we forge the coalition to pass comprehensive immigration reform. i think after the election day wake-up call, there are more and more of us willing to come to that table and negotiate, including friends in the republican party. we have heard from republican leaders who want to be at that table. i know some republicans want to come to the table because they want the immigration issue off the table. they want it off the table because they are worried about democrats running the table in statewide and financial -- and national elections for the foreseeable future. but listen, whatever your reason for coming to the table, please come. together we can fight for justice for immigrants. together we can re-establish the rule of law. together we can make immigration one of the greatest and most defining aspects of american society instead of something that divides us. together we can make americans see we can work together, republicans and democrats, as americans first.
i have suggested that president obama set up that big table at camp david and invite leaders from both parties to discuss how we forge the coalition to pass comprehensive immigration reform. i think after the election day wake-up call, there are more and more of us willing to come to that table and negotiate, including friends in the republican party. we have heard from republican leaders who want to be at that table. i know some republicans want to come to the table because they want the...
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speaking of the fiscal cliff, president obama calls for compromise with republicans and is easing fears on wall street that an economic crisis may be around the corner. helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. 100% new. 100% mmm... wow, that is mmm... it's so mmm you might not believe it's a hundred calories. new yoplait greek 100. it is so good. >>> take a look at some of the other stop stories making news today. >> a lot going on today for a friday. in a moment, we'll go many in depth for the president's call for compromise on automatic tax cuts and hikes. we'll see what the market said about it today. >> the speech did little to soothe wall street. the dow was up nearly 70 points. those gains disappeared as he spoke. a big part of the reason is he didn't deliver anything new. it was more of a call to action. investors are nerve us about the fiscal cliff and their showing it. the down fell more than 130 points. investors have been moving their money into bonds, and it's a clear sig
speaking of the fiscal cliff, president obama calls for compromise with republicans and is easing fears on wall street that an economic crisis may be around the corner. helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. 100% new. 100% mmm... wow, that is mmm... it's so mmm you might not believe it's a hundred calories. new yoplait greek 100. it is so good. >>> take a look at some of the other...
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. >>> with the fiscal cliff deadline looming, president obama's getting back to work this week trying to gain support for a bipartisan tax deal. in the past, the president has ran into a republican road block with his plan that requires taxes to go up on wealthy americans. now that the election is over, are republicans changing their mind at all? conservative commentator, bill crystal, even he says he doesn't understand why the gop is against the president's plan. >> the leadership of the conservative movement need to flow back, let's have a serious debate. it won't kill the country if we raise taxes a little bit on the millionaires. freeze tacks to everyone below $250,000. half of whom voted democratic and half of whom live in hollywood? >> interesting. brianna keilar joins me now. good morning, brianna. what does the president face this week? >> reporter: he's got a number of meetings and this is really going to be the kickoff as he tries to get his ducks in a row ahead of negotiating a deal here. first off, i will tell you, carol, wednesday the press conference that we've been wait
. >>> with the fiscal cliff deadline looming, president obama's getting back to work this week trying to gain support for a bipartisan tax deal. in the past, the president has ran into a republican road block with his plan that requires taxes to go up on wealthy americans. now that the election is over, are republicans changing their mind at all? conservative commentator, bill crystal, even he says he doesn't understand why the gop is against the president's plan. >> the...
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plus with president obama back in the white house, and governor romney officially out, republicans are now looking at where they went wrong. there are some who say, you know, if jon huntsman had been the nominee, the moderate jon huntsm huntsman, he'd be in the oval office. we'll talk to his daughter abby huntsman about that. and move over politics, it's all about paulytics. that would be comedian pauly shore. he'll join us with his take on political humor. that's all ahead this morning at 7:00 a.m. >> always good to start your morning with some laughs. so thank you for that. >> yes, yes. >> all right, john? >> i just want to hear her say pauly more. >> like what? i'm from long island. i can do the whole thing. >> make it stop. the re-election celebration is over. now it's time to get back to business. later today, president obama will speak publicly from the white house for the first time since he accepted his second term. since his victory speech. the topic today is the economy. so i want to bring in richard socarides, a democratic analyst and former senior adviser to bill clinton, a
plus with president obama back in the white house, and governor romney officially out, republicans are now looking at where they went wrong. there are some who say, you know, if jon huntsman had been the nominee, the moderate jon huntsm huntsman, he'd be in the oval office. we'll talk to his daughter abby huntsman about that. and move over politics, it's all about paulytics. that would be comedian pauly shore. he'll join us with his take on political humor. that's all ahead this morning at 7:00...
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it turns out it's not all bad news for the republicans. i guess seems depression is covered by obama care. >> all right. "early "early start" tonights right now. >>> this is absolutely the last thing they need. people slammed by sandy, now dealing with a nasty new storm of gusty winds, rain, and snow. >>> compromise or confrontation. both sides in congress promised to work together to head off fiscal disaster, even as they disagree over how to do it. >>> up in the air. we are going on two days since election day, with several house races still too close to call. can you believe it. >>> good morning to you. welcome to "early start." we're happy you're with us. >> it's 6:00 a.m. in the east. up first, mother nature showing no mercy. this morning, the northeast is getting hammered, again. a powerful nor'easter pounding a region already devastated by superstorm sandy. more than 600,000 people without power for nine days in new york and new jersey. some of them forced to evacuate or hunker down overnight in the face of 60-mile-an-hour winds or
it turns out it's not all bad news for the republicans. i guess seems depression is covered by obama care. >> all right. "early "early start" tonights right now. >>> this is absolutely the last thing they need. people slammed by sandy, now dealing with a nasty new storm of gusty winds, rain, and snow. >>> compromise or confrontation. both sides in congress promised to work together to head off fiscal disaster, even as they disagree over how to do it....
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president obama holding a news conference at 1:00 p.m. eastern. you know, wolf blitzer will be all over this for you. >>> all right. failed republican vice presidential nominee paul ryan is reassessing things after election night. but he says he has no regrets. here's what he said on abc news last night. >> -- the campaign paul ryan would have run? >> oh, gosh. you know, i think when you join the ticket, three months out, you join somebody's campaign, i was really impressed with the way mitt and ann brought us into the fold. so i was very encouraged by that. i really enjoyed it. and i wanted to run a big campaign on ideas. we did that. >> i still can't get rid of the oh, gosh. wasn't an emphatic yes, that's for sure. he also said that there's something of a silver lining to losing, which is more time with his kids. >> just this last weekend i got to go to both my boys' basketball times, two of my daughter's volleyball games. >> so there's an upside to losing? >> there's an upside, which is reconnection with my family. we're a very close family. >>
president obama holding a news conference at 1:00 p.m. eastern. you know, wolf blitzer will be all over this for you. >>> all right. failed republican vice presidential nominee paul ryan is reassessing things after election night. but he says he has no regrets. here's what he said on abc news last night. >> -- the campaign paul ryan would have run? >> oh, gosh. you know, i think when you join the ticket, three months out, you join somebody's campaign, i was really impressed...
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it won't -- if we raise republicans. i don't understand why republicans don't hate obama's offer? >> make it a million. >> really the republican party is going to fall on its sword for a bunch of millionaires. half of them are voting democratic. and half of them live in hollywood. >> but the question remains, what would a deal look like and is there time left this year to put a full deal together? jonathan allen is a senior washington correspondent for politico. he joins us now from washington. good morning to you. >> good morning. >> so let me first get to -- i'll get to the fiscal cliff but first want to get your reaction to the petraeus story. there are reports this morning that the fbi and the justice department knew about this over the summer, as early as over the summer, and some members of congress are complaining they didn't know about it. >> members of congress always wish they knew what was going on before they get informed of things. that's a typical complaint whenever the administration comes forward with something. i would say this, there's either a situation where th
it won't -- if we raise republicans. i don't understand why republicans don't hate obama's offer? >> make it a million. >> really the republican party is going to fall on its sword for a bunch of millionaires. half of them are voting democratic. and half of them live in hollywood. >> but the question remains, what would a deal look like and is there time left this year to put a full deal together? jonathan allen is a senior washington correspondent for politico. he joins us...
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more than one republican has accused the obama administration of lying to the american people in the days immediately after the attack. let's go to our senior congressional correspondent dana bash. dana, you now have learned some amazing material was on that video that the lawmakers saw behind clos doors today. >> that's right. i was told by a source who was at a briefing earlier today in the house intelligence committee that one of the things that they witnessed in this video that was played for them was ambassador christopher stevens being dragged out. being dragged out of the consulate. it's unclear from this source or really from the video, at least, what the status of the ambassador was, whether he was alive or dead. but, certainly, i can imagine seeing that video must have been very difficult. but that was not the only thing they saw. this was surveillance video, we're told, by a second source coming out of the senate briefing, that is still going on right now. this was surveillance video from the compound, but also video that was shown to them captured by drones. so, there is
more than one republican has accused the obama administration of lying to the american people in the days immediately after the attack. let's go to our senior congressional correspondent dana bash. dana, you now have learned some amazing material was on that video that the lawmakers saw behind clos doors today. >> that's right. i was told by a source who was at a briefing earlier today in the house intelligence committee that one of the things that they witnessed in this video that was...
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Nov 10, 2012
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. >> welcome back, president obama speaking yesterday in the east room of the white house. and asking both republicans and democrats to try to come together to solve this fiscal problem. the fiscal crisis. and one of the major ways to solve the fiscal crisis, apparently is reforring the tax code. >> so what should taxpayers know about changes coming their way? joining us now though break it down is fox business network's nicole pedestrian -- pedestrian petalides. >> good to see you as well. >> the tax increases that start in 2013. where do we start with those? >> right away. so everybody has fiscal cliffs blues to a certain extent. we are seeing it across the board and basically the whole idea is how taxes are going up across the board in many ways whether it's a state tax, payroll tax. dividends and cap gains. just to maim a -- name a few. >> it would raise the tax rate to almost 37% for people making over 250,000. >> right. for example. over 250,000 for a married couple would go from 33% up to 36%. >> how about those folks in the middle class, from my understanding you ar
. >> welcome back, president obama speaking yesterday in the east room of the white house. and asking both republicans and democrats to try to come together to solve this fiscal problem. the fiscal crisis. and one of the major ways to solve the fiscal crisis, apparently is reforring the tax code. >> so what should taxpayers know about changes coming their way? joining us now though break it down is fox business network's nicole pedestrian -- pedestrian petalides. >> good to...
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Nov 15, 2012
11/12
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WRC
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case on the fiscal cliff and also to show a new reaching out to republicans. instead, he found himself on the receiving end of criticism from not one, but two former presidential rivals. >> good afternoon, everybody. >> reporter: at his first post election press conference, president obama reiterated his pledge to sit down with mitt romney, even offering him praise. >> there are certain aspects of governor romney's record and his ideas that i think could be very helpful. >> reporter: but while the president was paying him compliments, mitt romney was telling donors on a conference call a different story. romney said he was sorry we didn't win and he blamed his defeat on gifts the president had given to his most loyal voters, including african-americans, young voters, and hispanics. mr. romney said the president followed the old play book and with regards to the young people, for instance, a forgiveness of college loan interest was a big gift, adding free contraceptives were very big with young college-aged women. as for the hispanic voters, romney said free he
case on the fiscal cliff and also to show a new reaching out to republicans. instead, he found himself on the receiving end of criticism from not one, but two former presidential rivals. >> good afternoon, everybody. >> reporter: at his first post election press conference, president obama reiterated his pledge to sit down with mitt romney, even offering him praise. >> there are certain aspects of governor romney's record and his ideas that i think could be very helpful....
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Nov 11, 2012
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keep in mind, he's apparently a republican. we don't know that. but he was a favorite of the former president bush but also of president obama, pointed c.i.a. director by president obama. i don't have the answer. if i were a consultant we say let's wait until ever. he's going to testify before congress and one hopes it doesn't get to a subpoena situation but there's nothing barring him from testifying. >> he was scheduled to go this week and that is -- now it's been announced that in fact the acting director, his deputy, michael morel, will go in his stead. you think petraeus will voluntarily come forward? >> i think at some point he'll come forward voluntary or not. it's impossible to answer certain questions without the c.i.a. director running the c.i.a. at the time. no, i think he will testify and my guess would be voluntarily. i don't mean to cast aspersions on general petraeus, who is an outstanding person who make a mistake. >> congressman peter king told me they may give him a pass for the week because he's dealing with personal stuff but e
keep in mind, he's apparently a republican. we don't know that. but he was a favorite of the former president bush but also of president obama, pointed c.i.a. director by president obama. i don't have the answer. if i were a consultant we say let's wait until ever. he's going to testify before congress and one hopes it doesn't get to a subpoena situation but there's nothing barring him from testifying. >> he was scheduled to go this week and that is -- now it's been announced that in fact...
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Nov 10, 2012
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the gop had hoped to repeal the 2010 affordable care act, but with president obama's re-election, both parties now say it is time to fine tune the policy. areas they will be looking at include stabilizing healthcare costs, emphasizing preventive medicine and how to make it easier for consumers to find affordable plans. more than 40 million americans either don't have health insurance or they don't have enough. >>> thousands of registered bay area nurses are planning to strike again next week. it includes nurses at eight sutter health hospitals in the bay area and two hospitals affiliated with the hospital corporation of america. both groups plan to walk out tuesday, with the sutter nurses continuing to strike on wednesday. the unions say the nurses are upset about patient care conditions and contract disputes. >>> american airlines has a tentative deal with its pilots. the agreement still has to go up for a vote, but it could ultimately pave the way for the airline to get out of bankruptcy. american's parent company filed for chapter 11 protection one year ago. >>> safeway plans to hir
the gop had hoped to repeal the 2010 affordable care act, but with president obama's re-election, both parties now say it is time to fine tune the policy. areas they will be looking at include stabilizing healthcare costs, emphasizing preventive medicine and how to make it easier for consumers to find affordable plans. more than 40 million americans either don't have health insurance or they don't have enough. >>> thousands of registered bay area nurses are planning to strike again...
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president obama will make a statement today about his plan and republican leaders are ready to negotiate. abc's karen travers is in washington. hi, karen. >> good morning, rob. good morning, paula. unfortunately for congress, procrastination can only go on so long. that looming fiscal cliff must be dealt with now. lawmakers have been putting off work on a budget deal for months wanting to get past the elections. well, that time is now here, and congress can't procrastinate anymore. house speaker john boehner sat down with abc's diane sawyer for an exclusive interview. >> the president and i had a very good conversation yesterday. i am confident that he and i can find the common ground necessary. >> with the so-called fiscal cliff looming at the ended of the year, leaders from both parties say they're willing to work together. >> compromise is not a dirty word. i'm willing to negotiate anytime, any issue. >> if congress fails to act on a budget deal by the end of the year, automatic spending cuts and tax increases kick in, costing average american households $$3,700. speaker boehner signa
president obama will make a statement today about his plan and republican leaders are ready to negotiate. abc's karen travers is in washington. hi, karen. >> good morning, rob. good morning, paula. unfortunately for congress, procrastination can only go on so long. that looming fiscal cliff must be dealt with now. lawmakers have been putting off work on a budget deal for months wanting to get past the elections. well, that time is now here, and congress can't procrastinate anymore. house...